1st Edition

The Political Element in the Development of Economic Theory

By Gunnar Myrdal Copyright 1954
298 Pages
by Routledge

298 Pages
by Routledge

298 Pages
by Routledge

Myrdal described this book as a discussion of three key notions in economic theory: the ideas of value, freedom, and collective house-keeping. It is through these concepts, he charged, that political ideology has been intro-duced into economic theory. This volume continues to be relevant in its emphasis on the problem of objectivity in the social sciences.

1: Politics and Political Economy; 2: The Ideological Background; 3: The Classical Theory of Value; 4: The Neo-Classical Theory of Value; 5: Economic Liberalism; 6: ‘Social Housekeeping’ and Social Value; 7: The Theory of Public Finance; 8: The Rôle of Economics in Politics; Appendix Recent Controversies

Biography

Gunnar Myrdal